BTEC LEVEL 3 BUSINESS: UNIT 3 - PERSONAL & BUSINESS
FINANCE ALL FORMULAS! #13
Net Cash Flow - correct answer Total Cash Inflow - Total Cash Outflow
Closing Balance - correct answer Opening Balance + Net Cash Flow
Total Revenue - correct answer Selling Price X Quantity Sold
Total Costs - correct answer Fixed Cost + Total Variable Costs
Profit - correct answer Total Revenue - Total Costs
Total Contribution - correct answer Sales Revenue - Total Variable Costs
Contribution (Per Unit) - correct answer Selling Price - Variable Cost (per unit)
Profit (Using Contribution) - correct answer Contribution Per Unit x Margin of Safety
Break-Even Output - correct answer Total Fixed Costs / Unit Contribution
Margin of Safety - correct answer Actual Sales - Break-Even Level of Output
Revenue - correct answer Unit Price X Quantity Sold
Gross Profit - correct answer Sales Revenue - Cost of Goods Sold
Cost of Goods Sold - correct answer Opening Inventory + Purchases - Closing
Inventory
Profit/Loss of the Year - correct answer Gross Profit - Expenses + Other Income
Net Book Value - correct answer Cost - Depreciation
Net Current Assets - correct answer Current Assets - Current Liabilities
Net Assets - correct answer Non-Current Assets + Net Current Assets - Long Term
Liabilities
Capital Employed - correct answer Opening Capital + Profit of the Year less drawings
Balance Sheet - correct answer Net Assets = Capital Employed
Gross Profit Margin - correct answer Gross Profit / Revenue x 100
Mark-Up - correct answer Gross Profit/Cost of Sales x 100
FINANCE ALL FORMULAS! #13
Net Cash Flow - correct answer Total Cash Inflow - Total Cash Outflow
Closing Balance - correct answer Opening Balance + Net Cash Flow
Total Revenue - correct answer Selling Price X Quantity Sold
Total Costs - correct answer Fixed Cost + Total Variable Costs
Profit - correct answer Total Revenue - Total Costs
Total Contribution - correct answer Sales Revenue - Total Variable Costs
Contribution (Per Unit) - correct answer Selling Price - Variable Cost (per unit)
Profit (Using Contribution) - correct answer Contribution Per Unit x Margin of Safety
Break-Even Output - correct answer Total Fixed Costs / Unit Contribution
Margin of Safety - correct answer Actual Sales - Break-Even Level of Output
Revenue - correct answer Unit Price X Quantity Sold
Gross Profit - correct answer Sales Revenue - Cost of Goods Sold
Cost of Goods Sold - correct answer Opening Inventory + Purchases - Closing
Inventory
Profit/Loss of the Year - correct answer Gross Profit - Expenses + Other Income
Net Book Value - correct answer Cost - Depreciation
Net Current Assets - correct answer Current Assets - Current Liabilities
Net Assets - correct answer Non-Current Assets + Net Current Assets - Long Term
Liabilities
Capital Employed - correct answer Opening Capital + Profit of the Year less drawings
Balance Sheet - correct answer Net Assets = Capital Employed
Gross Profit Margin - correct answer Gross Profit / Revenue x 100
Mark-Up - correct answer Gross Profit/Cost of Sales x 100
